tv Erin Burnett Out Front CNN September 23, 2021 4:00pm-5:00pm PDT
4:00 pm
>> good reporting as usual. thank you very much. to our viewers, thanks for watching. i'm wolf blitzer in "the situation room." you can follow me on twitter and instagram. erin burnett outfront starts right now. next, break news. police at the scene of a -- some employees forced to seek cover in freezers. one is dead at this time. 14 others have been rushed to the hospital with what officials are calling very serious injuries. the fbi announcing an arrest warrant for brian laundrie and the biden white house removing to release information on what trump and his aides were doing on the day of the january 6th attack. that information going to congress and setting up an epic battle with trump. let's go outfront. good evening.
4:01 pm
i'm erin burnett. the breaking news, police now on the scene of a deadly mass shooting at a supermarket in collierville, tennessee just outside memphis. here is what i can tell you we know right now. it started around 1:30 p.m. local time. a gunman walked into a kroger and opened fire. this is how witnesses described what they saw and heard next. >> all i heard was gunshot and i saw a couple of customers, it was like balloons. like popping the balloons. only thing i heard was a couple more gunshots. i said that's not a balloon. that's gunshot. we ran to the back of the store. i said, go, go. he came in there where i was where the other people were. he shot one in the head. he shot one of my co-workers in the head and a customer in the stomach. >> one person was killed and
4:02 pm
some of these injuries are dire. police say they are very, very serious. ten people were killed in mass shooting at a supermarket in boulder, colorado. i want to go first to jen following this breaking story. i know we're standing by for a press conference. what else do you know now about this horrible shooting? >> reporter: one of those big questions is who was this shooter that police say they found in the back of the store with a self-inflicted gunshot wound. we know that the officers who were there waiting for resources because the shooter's car was still in the parking lot. that was going to be processed to get more information the like you said, we're looking to get more information from that news conference which we're expecting momentarily. i want you to hear more from the store employee. that woman has worked at the
4:03 pm
grocery store for 32 years at the cash registers. 33 next week and she says maybe this is now the time to leave that position. she still shaken up and goes into great detail of where she saw this shooter and how she got customers to run away from him with her. >> produce is right there. when i saw, when i heard the gunshots, it was coming down. i was on register 17 which is right in the middle of the store. when i heard and i got off that register, i said, oh, no. these are gunshots. i got out of there. whoever was in front of me, i grabbed them and took off. >> you can imagine the fear and chaos inside the grocery store. people were hiding in freezers behind locked doors and offices. the woman said she saw the gunman shoot a co-worker as you heard in front of her.
4:04 pm
again, she also describes the gunman holding a military style rifle. these are questions that are going to be posed to police when we get an update at the news conference. we'll stand by for that and bring you the latest. erin. >> thank you very much. we await for that press conference. jason was at a tool store about 40 yards away from the supermarket as the shooting was taking place. jason, thank you for talking to me and to us. i'm so glad to know you're okay. you're safe. obviously, this is horrific and traumatic. can you tell me what you saw and heard? >> thank you. what i heard, what i saw, i was exiting the tool store right next to the kroger. i saw three people running, three women running from the kroger screaming that there's a
4:05 pm
shooter on the roof. i was not sure if this is accurate or not. a few other people in the kroger parking lotscreaming and running as well exiting the store. i scanned to see if there was a shooter up there and if i was in any of the people around me were in any imminent danger. i didn't see anybody at first. i proceeded to walk to my vehicle. that's when i heard about 10 to 15 shots fired. sounded like they were directly over my head. very close proximity. sounded to me to be a high powered semi-automatic rifle. i dove in front of my car. other people were panicking, screaming, getting in their cars trying to drive off which caused a traffic jam with everybody being a sitting duck in their car. my first instinct was i'm going to video tape this. i don't know why.
4:06 pm
maybe it would have been some help to the police or something. i wasn't really sure what went through my head. i crawled around the side of my vehicle opposite the direction where the fire, the shots were being fired from. got into my car and managed to catch some of it on video. >> you know, i know you're in this town every single day for work and you own a courier service. you're familiar with the area. you drive by the store every single day as well. >> yes, ma'am. >> you know the area. when you say you felt like it was on top of you, you're used to buildings and how it's all laid out. when you hear the 10 to 15 rounds in rapid succession and you said it felt like it wasson o on top of you. you must have been terrified. >> during the moment, i wouldn't say terrified. i just wanted to be in safe place. i was really concerned with the people around me because maybe
4:07 pm
they weren't taking the right precautions and trying to find cover. i was mostly focused on, honestly, locating the position of the shooter to either help the police get him or also to keep us safe, anybody near me safe. i really don't know. i'm still lost. >> i'm sure. >> you use that apathy, that's not my friends. that's not my town. here it was literally right on top of me as i was exiting the store. i've been in close proximity to high powered rifle. i own a few and i recognized immediately what it was and how close it was to me. s >> you knew. i want every one to know as we're talking these are live pictures that looks like a woman squad around the car. they are looking at that right
4:08 pm
now as you're talking. i want every one to understand this is live what we're looking at. bomb squad around the car. what we believe to be the shooter. from what you can tell from where you were, i know you talking about people jumping in their cars and trying to get out. were you able to see in the kroger, were there a lot of people? how busy was it? how many people were around? >> it was right around lunchtime. i want wasn't as busy as it could have been. i guess 20 or 30 people randomly scattering is immediately what i saw. some towards the harbor freight store where i was located. i wasn't sure one of the first -- the first witnesses to cross the street had been shot. two women looked like they were assisting one. it all happened so fast.
4:09 pm
>> jason, i appreciate your talking. it's hard to imagine how it's sinking for you. >> it's a little shocking. it's kind of -- yeah. >> for sure. jason, thank you very much. he's around there all the time and was there today. retired fbi special agent tim clementy. thanks to you. tim, let me ask you about what we're looking at now. the police department does say they believe one suspect is responsible for the shooting and the gunman was found in the rear of the store with what appeared to be saa self-inflicted gunsho. now it looks like a bomb squad type of thing around this car. what do you think is happening now? >> first thing they have to do after protection of life and getting the victims away from there, those that are wounded,
4:10 pm
the next thing is look for other threats. right now they are probably evaluating that car from an eod perspective to make sure there's no device, secondary devices that might be there to kill police and first responders. that's a common tactic that's used by bad guys in the united states and around the world. we haven't seen it in the recent shootings but it's something that law enforcement has as a primary concern. >> that's what we're looking at now. those are live pictures. chief gainer, as we try to understand what happened here and as i say this is almost six months to the day after the shooting in boulder. i want to play more from what the witness add s worked there cash register, what she said about the gunman. >> i went through the receiving department and there's another door that is outside the receiving department. there's another opening where you can go in and hide through an incinerator.
4:11 pm
here he comes right behind us start shooting. he kept on shooting and shooting. i did see a little glimpse of the guy and i saw he had a service rifle that's in military. all i heard was the gunshots. >> obviously, it's hard know. they are going to these places that only they knew about and getting through the incineratin. the shooter knows about the places or is following. does this tell you anything about the gunman and whether this was random or targeted? >> it's hard to tell now. there's a lot of information that still has to be gathered. you already talked to a couple of powerful witness, including here. i salute her in being kind and helping other people out of the store. we have a lot more to learn about the shooter. going to the car first and simultaneously finding out -- >> i'm sorry so interrupt you.
4:12 pm
the press conference has started with the chief of police there. let's listen. >> could have prevented this tragedy from being much worse. my thoughts and prayers and i hope yours too will be with the victims. e everybody that's impacted. a lot of people were impacted. i'm thankful. there's many partners that come to help us today. i'm so thankful for them . the training that's going on in this community and across this country for years save people's lives today. that's exactly what the people today did.
4:13 pm
we accounted for every one. we had the same number of victims. we had one walk in to one of our local hospitals. it wasn't a shooting victim. it was an anxiety attack. this is going to -- this situation is going to drive fear. we are resilient community. we're going to do everything we can to make sure that we keep this area as safe as we can. right now i'm going to ask special agent charge ochf local fbi if he could give brief comments. we'll open it up for quick questions. doug, if you will. >> thank you, chief. >> it's douglas k-o-r-n-e-s-k-i.
4:14 pm
first, i want to start by expressing our condolences and again our prayers are with the kplunts. many of us live in this community, shop in this store. we feel the loss and emotions here today. i want to mention that the reason we're here, we're here supporting collierville pd. i want to give kudos to the police department. their rapid response was commendable. under the authorities of the investigative assistance for violent crimes act for 2012, the fbi allowed to provide at the request of local law enforcement, investigative assistance. they are here. they are inside the store. they are processing the evidence. we have our victim specialist
4:15 pm
who have come and will be providing and have been providing assistance to the victims of the crime and then we'll be assisting with other interviews and things of that nature. it's great team effort. just always sight of tragedy. it's good to see the memphis and collierville west tennessee law enforcement communities pull together as we always do when tragedy strikes. >> we know the response time is the first police car arrived at the scene four minutes after the first shooting. that's the time that it took and they are saying that this could have saved a lot of lives.
4:16 pm
four minutes is an eternity in some senses but it does sound in this case, it may have made a huge difference. >> i think it does. it's a well trained police department . they had their hands full doing their job when they went into the building. >> all right. thank you both very much. we're obviously continue to monitor the press conference and the questions and answers. if there's more information we'll share it with you. 14 others in the hospital. it's incredibly serious injuries. next, the search for brian laundrie. the united states is facing a potential default on its debt for first time as republicans who helped run up the debt don't want to now pay for the bills.
4:17 pm
a showdown tonight between trump and biden. the white house now working to give the january 6th select committee information on what trump and his aides were doing during the insurrection. just an. that's why doctors recommend tylenol®. it won't raise blood pressure the way that advil® aleve® or motrin® sometimes can. for trusted relief, trust tylenol®. this is a hero, walking his youngest down the aisle, which to his bladder, feels like a mile. yet he stands strong, dry, keeping the leaks only to his eyes. depend. the only thing stronger than us, is you. [sizzling] i may not be able to tell time, but i know what time it is. [whispering] it's grilled cheese o'clock. millions of vulnerable americans struggle to get reliable transportation to their medical appointments.
4:18 pm
that's why i started medhaul. citi launched the impact fund to invest in both women and entrepreneurs of color like me, so i can realize my vision and give everything i've got to my company, and my community. i got you. for the love of people. for the love of community. for the love of progress. citi. i wonder how the firm's doing without its fearless leader. you sure you want to leave that all behind? yeah. stay restless with the rx. crafted by lexus. experience amazing at your lexus dealer. as someone who resembles someone else... i appreciate that liberty mutual knows everyone's unique. that's why they customize your car insurance, so you only pay for what you need. [ nautical horn blows ] i mean just because you look like someone else doesn't mean you eat off the floor, or yell at the vacuum, or need flea medication. oh, yeah. that's the spot.
4:19 pm
only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪ you booked a cozy vrbo mountain cabin. [laughs] with a kitchen where everyone can chef. [laughs] a family room where you can let your hair down. and a backyard that is a tree-lined living room. but the thing they'll remember forever? watching the game together once again. ♪ the time for getting back together is now. ♪ find it on vrbo.
4:20 pm
(judith) in this market, you'll find fisher investments is different than other money managers. (other money manager) different how? don't you just ride the wave? (judith) no - we actively manage client portfolios based on our forward-looking views of the market. (other money manager) but you still sell investments that generate high commissions, right? (judith) no, we don't sell commission products. we're a fiduciary, obligated to act in our client's best interest. (other money manager) so when do you make more money? only when your clients make more money? (judith) yep, we do better when our clients do better. at fisher investments we're clearly different. breaking news, fbi announcing a federal arrest warrant for brian laundrie saying it's related to his activities. family says they have not seen him for nine days. search teams have reported no
4:21 pm
signs of him in florida nature reserve his parents have pointed them to. what are you learning about what this arrest warrant says? >> reporter: according to this indictment from the u.s. district of wyoming, brian laundrie is expected of using a capital bank debit card and personal id number, pin numbers from two bank accounts that did not belong to him. he charged more than $1,000 to these accounts affecting interstate commerce and this happened between august 30th and september 1st. it also goes on the say he did this knowingly and with the intent to defraud. cnn tonight also hearing from the laundrie family attorney who is saying and stressing this arrest warrant is not related to death of gabby petito but the activities that happened after her death. here at the carlton vereserve t
4:22 pm
search for him has been going on for five days. now that authorities have an arrest warrant, they still don't have him. a smiling gabby petiton. photo posted on august 12th. responded to a reported do plesic dispute between the 22-year-old and her 23-year-old fiancee. brian laundrie. >> it's some personal issues. telling police she and laundrie were under a lot of stress. the couple was living a self-described nomadic lifestyle. >> it is really nice and sunny today. >> reporter: this youtube video was posted one week after the run in with police.
4:23 pm
on august 25th, this last post was made on her instagram account. it was the next day on august 26th a woman tells the san francisco chronicle she saw laundrie in his van in spread creek. a camping ground near with petito's body was later discovered. >> it was just him flp was no gabby. >> reporter: a day later the family received the last text message from her. quote, can you help stand. i keep getting his voice mails and missed calls. petito mother called the text odd saying she never called her grandfather by that name. the same day a couple say they saw petito in tiers and laundrie upset. >> she standing out there crying. >> reporter: she picked them up hitchhiking in an area where petito's remains were
4:24 pm
discovered. >> he said he's been camping for multiple days. >> reporter: they received the last text message but they are skeptical it k5came from her. quote, no service in yosemite. laundrie returned home be without petito. >> i thought it was a normal, they were going for walk kind of thing. never thought anything about it. >> reporter: it's the same weekend petito's family report her as missing on september 11th. the laundrie's refuse to cooperate. >> whatever you can do to make sure my daughter comes home, i'm asking for the help.
4:25 pm
it wasn't until four days later, september 189, that authorities began a massive search. next day human remains are found in a remote location. autopsy results confirm the remains found are those of gab pi petito. the cause of death ruled a homicide. to be clear, brian laundrie has not been named a suspect. he's not be e been charged. the fbi still asking the public for help and information on the whereabouts of laundrie or any role he may have played in the death. >> he yused a debit card and pi
4:26 pm
card that belonged to someone else. unclear who it is. charging more than $1,000. what does it tell you they are filing these charges not related directly to gabby's disappearance. >> it's something they need to really kick in a number of to try to track him down. the grand jury gives grand jury subpoena power so they can get more record and so forth. it locks down anybody from helping him. once charges are filed, you can file an obstruction of justice charge against the persons that help him continue to be on the lamb. that's the reason for doing it now. they want toded to pick charge rock soilid on. >> dave five for brian. they found nothing to suggest
4:27 pm
he's there although they had indications from his family that was the last place he was going to go. they are still there. it doesn't -- it's giving off the impression they don't have a plan b or where to look for the guy. >> i don't think they do unless this arrest warrant now gives them the grand jury subpoena power to actually get documents and phone records that they didn't have to date and that might give us ideas where his phone had opinion pinging or where the family traveled on that weekend, vacation with the camper and things like that. it may actually open up more doors in terms of leads. >> now we're learning more and more here about the final days of what happened here for gabby petito in terms of the charges. they began back on august 30th. we'll look there. that was three days after the last reported sighting. that's when the witnesses saw
4:28 pm
her levaving restaurant after a commotion. two days later rgs august 29th, laundrie is hitchhiking alone. august 30th is when the charges on the atm card start. on september 1st, then laundrie is back home in florida. the charges on the atm card stop. this is a lot of new information filling in on this time line. does it tell you anything about gabby petito and when she may have been killed? >> especially since the fbi made the statement this arrest warrant is for charges after she passed away. after her death. they put the date on 8/30 to 9/1. they must have some solid evidence that puts the date of death on or before august 30th. that's an important thing. any behavior he did like telling people he was camping in another location looks like an alibi and
4:29 pm
that adds to consciousness of guilt. >> which is extremely significant. thank you so much. >> thank you. next, republicans refusing to suspend the debt ceiling even though they had no problem racking up the nation's debt during the trump administration. millions of american jobs are at risk. stage is set for what could be an epic showdown between trump and biden. the white house is working to give details about what trump and his allies were doing. stuff that team trump won't give you. machine
4:30 pm
frequent heartburn? not anymore. the prilosec otc two-week challenge is helping people love what they love again. just one pill a day. 24 hours. zero heartburn. because life starts when heartburn stops. take the challenge at prilosecotc dot com. when we found out our son had autism, his future became my focus. lavender baths calmed him. so we made a plan to turn bath time into a business. ♪ ♪ find a northwestern mutual advisor at nm.com
4:31 pm
♪ lisa here, has had many jobs. she's worked in retail during the holidays. as a barista during rush hour. and a nanny to a couple of rambunctious kids. now, all that experience has led her to a job that feels like home. with home instead, you too can become a caregiver to older adults, with a career that makes a difference. ♪ apply today. ♪ usaa is made for the safe pilots. like mac. who can come to a stop with barely a bobble. with usaa safepilot, when you drive safe... ...you can save up to 30% on your auto insurance. usaa. what you're made of, we're made for.
4:33 pm
. breaking news tonight, four close aides and loyalists to donald trump have been hit with the first subpoenas from the january 6th select me investigating the capital insurrection. former white house chief of staff mark meadows. dan scavino. steve bannon and kash patel. all four to provide documents
4:34 pm
within two weeks before private depositions that are scheduled soon after. this is obviously extremely significant and it comes as we're learning the biden white house is working to give the committee more information about what then president trump and his aides were doing on the day of the insurrection. information that the trump and aides have refused to provide. biden white house might do it. manu is out front. you're breaking the news about the subpoenas. tell me what you know. this is coming out in significant way. >> they are asking for both documents and closed door depositions with these four very close allies of the former president. former chief of staff mark meadows. steve bannon. long time police adviser cash patel. top national security official. someone involved in various a pektss through the trump administration. what this committee is asking
4:35 pm
for documents in that deposition, by early part of october and deposition by mid-october. they are commending these individuals have information they believe is kredsable to their investigation about what happened, the events and run up to january 6th and response on january 6th. the letter that was sent, it says the investigation revealed credible evidence of your involvement in events within the scope of select committee's inquirely. you have critical information regarding many elements of our inq inquiry. it appears you're with or in the vicinity of president trump on january 6th, had communication and others on january 6th regarding vents at the capitol and a witness regarding activities of that day. that letter goes onto cite other instances the committee is interested in. mark meadows having phone calls in an effort to over turn the
4:36 pm
electoral results. each of these letters sites things the committee is interested in learning about which is why they are saying they are targeting these specific individuals who have specific information. it still remains to be seen whether they will cooperate. what we saw is the individuals, the white house at the time fighting subpoenas over and over from democrats. will they fight these? it's different now. they are no longer in office. this current white house may not protect those former white house officials so this still has to play out but no doubt about i, a big move by the committee which is investigating the events. we'll see how the trump officials respond. >> manu, i'm so glad you lay out so much of this in terms of whether they will cooperate and whether it's different now that they are not the actual team in white house. i want to follow up on that. first i want to you one other thing as people try to understand the scope of this committee and what they are doing.
4:37 pm
is it a strategy they will do some after a time. then there's going to be more or is this all we're going to see in terms of subpoenas? what's your understanding? >> i think there's much more in terms of issuesubpoenas. they have been going after social media companies and telecom companies asking them to preserve records they may seek. they are looking for communication. people who organized the january 6th rally. even some republican members of congress are targeted as part of people they may want to seek records from and it remains to be seen if they go in that direction but this committee has major ambitious undertaking under way. looking at a whole wide range of issues from communications that happen online, the organizers of the event and actions by trump white house itself. the question is can they get all this information?
4:38 pm
can they do it before the mid term elections of next year? that's still an open question. all remains to be seen as committee starts to mound their investigation. >> manu breaking the head lline of the four subpoenas. these are significant. the former chief of staff, the former white house deputy chief of staff, former adviser and former chief of staff who was very vocal during this time and a name many people became familiar with. what level of cooperation are you going to get? are they going to completely defy it, is there any way to get
4:39 pm
them to comply? >> here is how this will play out. i would not expect any of these people to comply, to come in and testify because that is the history of the pattern we have seen from trump white house when it was in power and now. here is what happens next. it's up to the committee to decide are we going to go to court and fight this. are we going to go to court and say we need a specific order from you requiring them to come in and testify and the key there is timing. manu talked about this. in past, it's taken house democrats way too long to get into courts and these disputes have dragged on for months and years to the point where nobody even cared. the committee has to be ready to act quickly and demand expedited, sped up review from the courts here. >> that's how it starts and goes to the courts. that's part of the reason they didn't proceed with subpoenas during impeachment because they knew it would take too long. obviously at the time john
4:40 pm
bolton was one of the people we're talk about. what do these tell you about where this investigation is headed? there's a whole lot of reasons why you may have started here but these are four people that are starting with. >> this shows me they are looking at 1600 pennsylvania avenue. these are people who we know and letter confirms they were this direct communication with donald trump or having key conversations in days, hours leading up to january 6th and during january 6th. the questions for mark meadows and the other folks is you walk me through january 6th, minute by minute, phone call by phone call. this is at heart of the investigation. >> i want to bring in gloria. gloria they are moving quickly.
4:41 pm
what's the reaction to this then in trump world? >> outrage. claiming executive privilege. you can't talk about my conversations with these people. we were in the white house. that's what they will say. i think they will try to stone wall it. he cites close proximity to donald trump. what they are trying to do is draw a circle here with donald trump in the middle. who did he talk to? what were they talking about? were they talking about what would happen on january 6th?
4:42 pm
were they talking about the rigged election and et cetera, et cetera? i think they are kind of working their way in with donald trump in the center and i think they are going to be a lot of other circles but these four people are people who are known to have communicated directly with the former president and that's important. >> very important. you have the biden white house taking steps to give the committee a whole lot of documents that is crucial to all of this. they claim executive privilege. now trump is not in office. who wins on this argument. can the biden white house undo anything that had to do with trump because they are the executive? >> the answer is probably yes. there's a question that's been long standing in the law about who gets to exercise executive privilege. is it the current president or the past president whose
4:43 pm
communications are at issue. there's more pres dent and the rules are regulations that it's the current people that get to decide. even if donald trump goes into court, it may not be he and his people's decision to make to exercise executive privilege in the first place. >> dplgloria is there anyone wh you think could get a subpoena. anyone that may see it in their interest to turn, to open up? >> well, we heard from some of those people. general milley, for example through bob woodward's book. we have heard from an awful lot of people. there may be people that we have not yet heard from and i think that that's why this committee is so important because whether it's the family, whether it's people who were observers watching donald trump. we just don't know.
4:44 pm
that is why you're having this january 6th investigation because this may be some people who were flies on the wall that we don't know about yet. >> thank you both very much with that breaking news that manu is able to get. next, the u.s. facing a potential debt default as republicans who helped run the tab up big time, now don't want to pay for what they promised. we're carvana, the company who invented car vending machines and buying a car 100% online. now we've created a brand-new way for you to sell your car.
4:45 pm
whether it's a year old or a few years old. we wanna buy your car. so go to carvana and enter your license plate answer a few questions. and our techno wizardry calculates your car's value and gives you a real offer in seconds. when you're ready, we'll come to you, pay you on the spot and pick up your car, that's it. so ditch the old way of selling your car, and say hello to the new way at carvana. (man) go on, girl, go on and get help! [heartwarming music] (man) ah! (burke) smart dog. with farmers crashassist, our signal app can tell when you've been in a crash and can send help, if you want it. get a whole lot of something with farmers policy perks. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪
4:47 pm
the u.s. in danger of defaulting on its loans for the first time in history. republicans refusing to suspend the debt ceiling and help democrats pay for the country's bills that were wracked up by both parties. they are doing it despite headlines, no one would spared. it would devastate the u.s. committee. default could wipe out six million job and 15 trillion dollar in wealth. these are all things out there. the treasury secretary worrying it could produce widespread economic catastrophe. mitch mcconnell tieing the debt ceiling to president biden's
4:48 pm
$3.5 trillion spending plan. >> republicans are shrin shinin spotlight on the reckless spending free that washington democrats are writing behind closed doors. >> what ever you think about the democrats multitrillion dollar spending plan. it's not about future spending. it's about paying the bills for money borrowed in the past and promises made. many of these bills were wracked up during the trump administration. the nation's debt rose by 40%. you have the entire 200 before that. $7.8 trillion. that is stunning. for mcconnell to tie it to biden's ceiling is wrong. he knows it.
4:49 pm
claiming all the debt accrued under trump has been paid for. >> every money spent many the trump administration was accounted for and went into the z 7 month offense the current biden administration. >> the bills that came due every time if you own a savings bond, it gets paid on time. the reason was back mccarthy and republicans voted to raise the debt ceiling. they did so. the bills for that spending continue over years and years. you don't just make a promise in one year. you make a promise for a tax cut and it goes every year. a will the of the bills are for trump's ongoing policy. you have to pay the interest on all that debt. it gets bigger every year. republicans and democrats are guilt of running of $28 trillion in government debt. now it's both of their responsibilities to figure out a way to pay for it. when you make a promise, you have to honor it.
4:50 pm
the chief economist at moody's analytics. lay out for me what happens if they fail to get this done if there >> someone will not be paid the money owed them. the social security recipient, someone working for the military, a bond holder, someone that took on the purchase of the debt of the u.s. tesreasury, th electric bill. someone will not get paid. that action is going to be devastating. we pay our bills. we have been doing it since the founding of the nation. it accrued enormous benefit to us. if we don't do that, we will pay for it for generations to come. it's a big, big deal those guys don't make those payments. >> you are saying a big deal. millions of jobs lost, massive impact if this is the game they want to play. >> it depends on the scenario.
4:51 pm
if they miss the payment or they miss paying social security recipients, at that moment, it's complete chaos. investors well sell, stock prices will decline, interest rates will rise. i would be shocked if lawmakers don't recognize what they have done and decide to come together and raise the debt ceiling so the treasury can pay their bills. by the way, even if they did that, it would be costly. if it dragged on -- through thanksgiving -- then yeah, it's recession like. millions of jobs. >> it's incredible. even if it doesn't go on that long because they learn their lesson, they sent a signal to the world that the united states can't necessarily be trusted to pay its debts. we pay a higher interest rate. i get that. the billionaire investor said we should get rid of the debt ceiling limit. it's not linked to spending. it goes up and up. this is just a political
4:52 pm
process. we should stop it. does he have a point? >> yeah, he does. if i were king for the day, that's what i would do. the intent -- there's some intuition behind it. put on a debt limit. lawmakers have to sit down and think about what they're doing. maybe that imposes fiscal discipline so we don't run big deficits and run up the debt. that was the idea. the result is, we're turning ourselves into pretzels trying to get around this thing and coming up with crazy ideas to try to get around it. it's really a very counterproductive piece of legislation. i would get rid of it. the other thing you could do is, you could -- every spending bill or tax bill that you pass today, you have to increase the debt limit to be consistent with the deficit you are running in the piece of legislation. you do it when you sign on the dotted line. that might work.
4:53 pm
>> all right. thank you very much, mark, for your perspective. next, we will introduce you to a woman who is taking on what is considered the most serious threat to our oceans. in business, setbacks change everything. so get comcast business internet and add securityedge. it helps keep your network safe by scanning for threats every 10 minutes. and unlike some cybersecurity options, this helps protect every connected device. yours, your employees' and even your customers'. so you can stay ahead. get started with a great offer and ask how you can add comcast business securityedge. plus for a limited time, ask how to get a $500 prepaid card when you upgrade. call today.
4:56 pm
decades because of human behavior. one woman is making it her mission to make a change. >> how are you? may we board? >> permission. >> thank you. >> we're going to try to catch. >> i grew up fishing with my family and my dad and mom all through my childhood. i love seafood. i love fish. i did not understand how close to extinction some of my favorite fish were. >> it's the target. >> has it been a good one? >> regulations has paid off. if you catch a 40 pounder, it has to be released. >> stronger than i expected it to be. holy smoke show. this is lunch.
4:57 pm
how big is the problem of overfishing? >> it's big. there are 3 billion people on this planet who rely on fish as their main source of protein and for their livelihoods. >> what is the main reason overfishing is a problem? >> we are catching too many fish. it's not well regulated all over the world. we start looking at the impacts on things like sea grass beds, ecosystems that fish, marine life and people need to survive. >> this woman has been fighting for fish for decades. not just to save them but to conserve the oceans so there's enough for all of us to share. >> how do we save it? >> it opened my eyes to better alternatives. >> the idea came out of an exhibit. when we put this program together, we thought about
4:58 pm
what's our ultimate goal here. to make consumers aware there's a problem that individuals should change purchasing habits in support of more ocean friendly seafood. we created a guide. we put it in our cafe. they started disappearing. we're on to something. >> that's what i love about it. it's not a you shouldn't. it's a let's empower you. >> we wanted to get businesses, retailers and food service companies, individual restaurants, to make a commitment that they would source only from responsible fisheries. >> wow. you can taste the sea. it's so yummy. big name chefs have joined this fight. from catch to table, he uses seafood watch every day. >> we have an opportunity to spread that awareness. people have confidence in us. once we can deliver them something like this in this
4:59 pm
format, there's a lot more buy in. >> why i care about this is, wasn't the seafood that i know, love and eat today to be around for my kids. without seafood watch and without conservation efforts like this, that's not guaranteed anymore. seafood watch is the most recognized seafood rating program. it's an innovative and extremely effective solution to a worldwide problem. i not only love her passion for this, she grew up around the water. she's a diver. i'm a diver. when you are under the water and in this magical aquatic world, you realize how small we are in their enormous world. but also the outsized impact that human activity has had on really what are defenseless creatures.
5:00 pm
>> we will continue to share more inspirational stories like the one you saw. tune in saturday at 8:00 p.m. eastern for champions for change, one hour special. tomorrow, you will see anderson's piece. right now, you get to see anderson himself. "ac 360" starts right now. good evening. an arrest warrant issued for brian laundrie after the killing of his fiancee. a live report. the revelations in the book "peril." we begin with the first steps by investigators trying to learn more about how this all led up to the attack on the capitol. the first step is a big one. subpoenas targetin
153 Views
IN COLLECTIONS
CNN (San Francisco) Television Archive Television Archive News Search Service The Chin Grimes TV News ArchiveUploaded by TV Archive on